VIRB Edit 3.2.0 can be downloaded at http://www8.garmin.com/support/download_details.jsp?id=6593. Updating from inside the app should be available shortly.
The App Store version is currently still in review.
This is the official change list:
Added feature to share with Garmin Connect
Added feature to export GPX file along with edited video
Added feature to remember the timeline zoom level per project
Added ability to choose quality of exported video file
Added ability to scroll the timeline with the mouse wheel
Added ability to export videos at higher frame rates when video playback-rate is increased
Improved handling of very large FIT files
Changed aviation force gauge unit to g's from m/s^2.
Changed to prompt the user to switch to the import page when a camera is connected
Changed the clip library view to sort clips from oldest to newest
Fixed issue with photos not synching properly with fit files
Fixed issue with overlays not showing on the photo-clips being shared
Fixed issue with the last import clip being lost when changing the photo and video storage locations
Fixed issue with the app hanging after removing the clip storage device during an import
Fixed issue with the video preview player disappearing
Fixed various issues